West P&I Club posts 94.5% CR, underwriting surplus hits $15m

Share!

Reinsurance News - May 15, 2024

In their results for the 2023-24 financial year, West P&I Club has posted a 94.5% combined ratio, representing a solid improvement from 96.7% from last year. The 94.5% figure represents the Club’s best combined ratio since 2017, and one that is considerably ahead of the recent International Grou...

Read Full Article

Recommended Articles

Industry unsure what impact CrowdStrike outage will have on cyber insurance market, poll suggests

Posted: Jul 26, 2024

According to a recent poll from Reinsurance News, the re/insurance industry appears to be unsure in...

USAA’s Wallace becomes Chief Audit Executive, Seybold takes over as CFO

Posted: Jul 26, 2024

USAA has announced that Jeff Wallace, the firm’s current Chief Financial Officer (CFO), will t...

Events like the CrowdStrike IT outage “are unlikely to reach catastrophic levels”: Coalition’s Motta

Posted: Jul 26, 2024

$0.96 billion industry-wide loss experienced by US cyber insurance policyholders impacted by the Cro...